India's Biggest Incubation Hub to be Launched in Hyderabad.

India's biggest incubation hub will be launched in Hyderabad by the year-end or early next year, Telangana's Information Technology Minister K. Tarakarama Rao announced recently.

The Telangana government is developing the hub in collaboration with International Institute of Information Technology (IIIT) Hyderabad, Indian School of Business (ISB) and NALSAR University of Law.

T-Hub, as the incubation centre will be known, is coming up at IIIT campus. The facility will be spread over 80,000 square feet and can accommodate 400 start-ups. The first phase will be ready by year-end or January-February next year and he claimed that this itself will be India's biggest incubation hub.

The minister said ISB would provide business mentoring, IIIT technology mentoring while NALSAR would help in intellectual property and related areas.

Talking to reporters while announcing 'The August Fest', the country's biggest seed fund event, the minister said under the second phase the government would build a standalone facility. With three lakh sqft areas, it can accommodate 1,500 companies.

'We plan to bring all start-up programmes under one roof,' he said.

The proposed hub will ensure infrastructure, support services and funds for the startups.

'Through the incubation centre, we want to give a platform to the youth who have innovative ideas. We don't want aspiring and budding entrepreneurs to be bogged down with the legal, accounting, office space management, mentoring support and funding,' he said.

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